History
On August 21, 1660, King Charles II granted Thomas Killigrew and Sir William Davenant each official permission in the form of a temporary "privilege" to form acting companies. Killigrew's King's Company fell under the sponsorship of Charles himself; Davenant's Duke's Company under that of Charles's brother, then the Duke of York, later James II of England. The temporary privileges would be followed later by letters patent, issued on April 25, 1662 in Killigrew's case, cementing a hereditary monopoly on theatre for the patent-holders.
The first permanent venue for the King's Company was Gibbon's Tennis Court; in 1663, responding to competition from the Duke's Company's more advanced theatre in Lisle's Tennis Court, Killigrew built and opened the King's Playhouse, today's Theatre Royal, Drury Lane. This burned down in 1672 and was rebuilt and reopened in 1674. Killigrew sold most of his interests in the company by the early 1670s and management was in his son Charles' hands after 1671. In 1682, the King's Company and the Duke's Company merged to become the so-called United Company, under the leadership of the Duke's Company's people.
Read more about this topic: King's Company
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